date:Apr 16, 2013
he said.
Experts said WPI has come down mainly on easing of fruits and vegetable prices, but retail inflation continues to be in double digit as food inflation remains structurally high.
The easing has happened on account of a significant decline in global commodity prices in March and growing deflationary trends in manufacturing sector. I expect RBI to reduce both the repo rate and CRR by 0.25 percent, Bank of Baroda Chief Economist Rupa Rege Nitsure said.
Inflation for January, however, was